Bitt and IDEMIA announced as Finalists in Global CBDC Competition
20 June 2022, Salt Lake City, Utah, USA — Bitt and IDEMIA have been selected by the Bank for International Settlements (BIS) and Bank Indonesia as a joint finalist in the international CBDC competition, G20 TechSprint 2022. This third annual…
EU and Russia push forward on CBDC plans, amid pushback
By Ellesheva Kissin From GBRR Central banks in Russia and the European Union have both moved forward on their ambitions for digital versions of their currencies, as private sector voices increasingly raise concerns about the potential impact of CBDCs on financial…
Bitt develops world’s first Central Bank Digital Currency in a Currency Union
31st March 2021, Bridgetown, Barbados – On 31 March 2021, ‘DCash’, designed and developed by international fintech company Bitt in partnership with the Eastern Caribbean Central Bank (ECCB), became the world’s first retail central bank digital currency (CBDC) to be publicly issued within a…
Conduct pilot for upcoming launch of digital asset
By Rishma Banerjee From BTC Wires According to recently published reports, the Eastern Caribbean Central Bank (ECCB) is all set to conduct a pilot for a blockchain-based central bank digital currency (CBDC), as a preparatory move for its full rollout as a…